---
schema_version: "secwatch.filing_event.v1"
accession: "0000821130-26-000034"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:17:06.497675+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Array Q1 EPS $2.08 on $52M revenue; TDS proposes to acquire outstanding shares

## Summary
- Net income of $179.8M ($2.08 diluted EPS) vs $4.7M ($0.05) a year ago; includes $156.6M gain on spectrum sale.
- Total operating revenues of $52.0M, up 92% YoY, driven by tower rental growth.
- Reaffirmed FY2026 guidance: revenue $200-215M, Adj. EBITDA $200-215M.
- TDS non-binding proposal to acquire all outstanding Array shares not owned by TDS; special committee formed.
- Verizon spectrum deal for $1.0B expected to close Q2/Q3 2026; closed $74.8M in 700 MHz sale on May 5.

## SEC filing metadata
- accession: 0000821130-26-000034
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821130/000082113026000034/0000821130-26-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000082113026000034/ad-20260508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821130-26-000034
- JSON: https://secwatch.observer/filing/0000821130-26-000034.json
- Plain text: https://secwatch.observer/filing/0000821130-26-000034.txt

## Source-grounded claims
- claim_id: 33bb1d8e6187a4a1d28e67c621fb77dfe01c20c0
  claim: ARRAY DIGITAL INFRASTRUCTURE, INC. reported first quarter of 2026 results: revenue $52.0 million, net income $179.8 million, EPS $2.08. Guidance reaffirmed.
  evidence_excerpt: Array reported total operating revenues from continuing operations of $52.0 million for the first quarter of 2026, versus $27.0 million for the same period one year ago. Net income attributable to Array shareholders and diluted earnings per share from continuing operations were $179.8 million and $2.08 , respectively, for the first quarter of 2026 compared to $4.7 million and $0.05 , respectively, in the same period one year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113026000034/0000821130-26-000034-index.htm
- claim_id: a979a5281b57ff3e0f5d93ec83be0f2ffb87385d
  claim: ARRAY DIGITAL INFRASTRUCTURE, INC. updated its full-year 2026 guidance (reaffirmed).
  evidence_excerpt: Array reaffirms 2026 guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113026000034/0000821130-26-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.